Property profile

2503 Shopko Dr Madison, WI 53704

FOR SALE
Commercial land
Property ID
US92-0588424
Individually Owned 8-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Developers!! 3.0 Acres (2 adjacent 1.5 Acre) Commercial Land Lots Offered at $1,500,000 USD for both in Madison's Northeast Corridor. Zoned W PD. Land ripe for development and included in City of Madison's Comprehensive Neighborhood Plan. Access from Shopko Drive. Take Aberg to Shopko Dr. Parcels on North side of the bank. Two adjacent parcels.#081031422033 and ##081031422023.

Property profile

Verified
Property type Commercial land
UPID US92-0588424

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2503 Shopko Dr Madison, WI 53704
Madison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2017
1 recorded transaction
2017
$100,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message